Barings 13F: Cuts Diamondback Energy (FANG) Stake by $2.5M

Barings reduced its stake in Diamondback Energy, Inc. FANG by 37.3% during the period, according to a Form 13F filing with the SEC on October 22, 2026. The firm sold 13,498 shares of the oil and gas producer, leaving it with 22,712 shares valued at approximately $4,174,693.

FANG Diamondback Energy, Inc.

$197.14 ▲ +31.62% year to date

1M 3M YTD

Daily close · Oct 22, 2026

What Changed in Barings's Diamondback Energy, Inc. Position

Barings held 36,210 shares of Diamondback Energy, Inc. prior to the filing. The recent sale cut that total down to 22,712 shares. The reduction represents a 37.3% decrease in the firm's holdings of the Permian Basin energy company.

Other Institutional Activity in Diamondback Energy, Inc.

Other major institutional investors made notable adjustments to their Diamondback Energy holdings around the same reporting period. Bank Of New York Mellon Corporation grew its holdings by 910,710 shares, ending with 4,851,470 shares worth about $956,418,792. Boston Partners lifted its position by 83,045 shares to finish with 5,850,054 shares valued at $1,153,279,641. FIL grew its holdings by 55,681 shares, ending with 1,668,889 shares worth about $313,600,938. Conversely, Ninety One SA (Pty) sold out of its position completely, cutting 3,311 shares to drop its stake to zero.

Diamondback Energy, Inc. Stock Down 1.9%

Diamondback Energy, Inc. recently traded around $197.14 as of October 23, 2026, which was about equal to its closing price on the filing date of October 22, 2026. The stock sits well above its 200-day moving average and below its 52-week high of $216.90.

Recent Earnings

Diamondback Energy, Inc. reported solid trailing financial figures and anticipates its next earnings release on November 2, 2026.

Dividend

Diamondback Energy, Inc. pays an annual dividend rate of $4.40 per share, offering a dividend yield of 2.23%.

Insider Buying and Selling at Diamondback Energy, Inc.

Several insiders executed transactions in Diamondback Energy shares prior to the filing. Beneficial owner LP SGF Fang Holdings sold 9,079,675 shares on September 16, 2026, for about $1,863,694,090. Director Charles Alvin Meloy sold 33,333 shares on October 5, 2026, worth $6,124,676. Officer Teresa L Dick sold 5,000 shares on September 15, 2026, for $1,050,000, and officer Matthew Paul Zmigrosky sold 1,326 shares on the same day for $281,848.

Analysts Set New Price Targets

Wall Street analysts maintain a strong overall outlook on Diamondback Energy, Inc. UBS maintained its buy rating while lifting its price target from $243.00 to $253.00 on September 14, 2026. Raymond James maintained a strong buy rating and raised its target from $248.00 to $255.00 on September 17, 2026. RBC Capital reiterated an outperform rating with a $240.00 target on October 14, 2026. Scotiabank initiated coverage with a sector outperform rating and a $250.00 target on October 15, 2026, while Morgan Stanley maintained an equal-weight rating and raised its target from $216.00 to $222.00 on the same day.

About Diamondback Energy, Inc.

Diamondback Energy, Inc. is an independent energy company headquartered in Midland, Texas. It focuses on the exploration, development, and acquisition of onshore oil and natural gas reserves, primarily in the Permian Basin across West Texas and New Mexico.

Bottom Line

Investors will watch for Diamondback Energy's upcoming earnings report on November 2, 2026, to gauge ongoing operational performance. Future regulatory filings will show whether other major funds continue adjusting their stakes in the energy producer.